Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 159.33

-1.8%

Nov 7 9:30 AM EST

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To: Math Junkie who wrote (9667)	4/11/2001 11:41:46 PM
From: Q.	Read Replies (1) of 10921

In the LRCX cc, Bagley said that he thinks were now at the trough for the orders decline. He said that in most cycles, it takes 4 quarters to go from peak bookings to trough bookings, with a typical decline of 35-40%. This time, however, orders at Lam have gone from peak to trough bookings in 90 days, i.e., with a speed "beyond anything I've seen in my career." Regarding the trough, Bagley thinks orders are now at a bottom. This opinion seems to be driven by indications from customers that they will order more during the June quarter than during the March quarter. They could change their minds, though. Bagley said "... we are at or very close to the bottom. It may not improve radically (after the bottom). I just have a hard time believing orders will continue to decline sequentially... it might stay flat for a while after June."

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